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Supplier Risk Mitigation Program: Early and deep visibility

Personalized support for better health care supply chain management

Managing a health care supply chain can be daunting at times. Which risks are most critical to your operations and patient care? Which decisions must you make today to ensure availability of supply tomorrow? Our Supplier Risk Mitigation Program combines health care supply chain experience with advanced illumination technology to help bring the clarity and personalized support you need.

Let’s start with a short story

The program in action: Phlebotomy supply shortage (Fall 2021) Outcomes The program helped its members ensure the availability of critical supplies without jeopardizingquality of patient care and them having to pay exceptional cost. One provider experienced $450,000in cost avoidance and the supply chain team looked good in the process, in front of both seniorexecutives and clinicians. Disruption hits mass markets By the time the mass market found out about the shortages, the primary manufacturers had alreadyput all provider customers on allocation—meaning there was no longer an opportunityto stockpile or even receive outstanding orders. Also, unverified third party suppliersstarted approaching providers selling product at five times the normal price. Illumination and sourcing expertise put to action Our members flew into action when they received the alert from Deloitte. The program was able to identify alternative supply options, verify supplier legitimacy with vendor intelligence, and support stockpiling activities, which led to one health care provider member gaining up to 120 days ofsafety stock. Disruption identified Through ongoing monitoring services provided through the program, signals were picked up arounda potential shortage of specific phlebotomy supplies more than three weeks before it becamecommon knowledge.

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Discern the most material risks weeks and months in advance, through tier n of your health care supply chain

There’s no shortage of noise in the health care supplier ecosystem. But which of it is worth listening to? And do you have the right depth of visibility when managing your health care supply chain to know what you didn’t know you needed to know?

Deloitte’s subscription-based Supplier Risk Mitigation Program has your back, helping you do good and look good when it counts. Get ready to make more confident decisions while building greater resilience and efficiencies for the future.

Supplier risk mitigation program for health care

Engineering advantage for health care providers

Built on Deloitte’s ability to help engineer advantage across some of the world’s most complex supply chains and for the largest health care providers, the Supplier Risk Mitigation Program and its solutions are considered a burden lifter for a growing number of health care providers and, importantly, described by program members as an extension of their teams.

A growing network of health care providers are looking potential disruption in the face and making more confident decisions on how to mitigate. What risks are they seeing right now that you might be missing?

What our program members experience

The Deloitte Supplier Risk Mitigation Program brings together proprietary supply chain network visibility and cognitive risk sensing technology, health care sourcing experience, and a unique partnership among preeminent provider organizations for solutions that provide:

Supply network illumination

Illuminate the supplier network multiple tiers deep across 40 (and growing) distinct supply categories.

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Supply network illumination

Understand complexities in the supply network or risks with suppliers that require ongoing monitoring. For example, do you know where there are shared Tier 2 or Tier 3 suppliers and raw material providers for the contract manufacturers you rely on?

Monitoring, screening, and alerting

Suppliers are risk-screened, and medium/high risks are identified using visibility into open source and proprietary data from more than 800K sources across 190 countries and 80 languages.

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Monitoring, screening, and alerting

  • Continually monitor suppliers and interpret findings for discussion. Filter incoming signals and distill into relevant potential threats across geopolitical, labor, weather, and cyber-related issues.
  • Receive ad hoc briefings and reports in response to special events. For example, members received a briefing in summer 2022 around tension between China and Taiwan with risk assessments across various supply categories.

Mitigation strategy support

Join regularly scheduled calls with other program members to develop solutions for and collaborate on joint mitigation efforts around identified potential disruptions.

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Mitigation strategy support

  • Gain insight into leading practices around resource conservation and stockpiling strategies, including decision support around what steps to take.
  • Conduct ongoing alternative supplier identification, sourcing, and negotiations as risks are identified and triaged.

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Did you know?

The program leverages technology and techniques originally developed by working with the Department of Defense for more than 20 years–an organization with one of the most sensitive and secure supply chains in the world.

We're growing this program with intentionality to help ensure our existing and future members get differentiated value. Want to explore whether becoming a member makes sense for you?

Program leadership

Paul Kreder

Paul Kreder

Principal | Life Sciences and Health Care Practice

Paul is a principal in Deloitte Consulting’s Health Care Provider Supply Chain practice. He has more than 20 years of health care consulting experience assisting regional health systems, academic medi... More

Jeff Petry

Jeff Petry

Managing Director | Deloitte Consulting LLP

Jeff has 30 years of experience working with health systems, payers, and life sciences companies across supply chain, performance improvement, and value-based care. He has led supply chain transformat... More

Michelle Colacion

Michelle Colacion

Senior Manager | Deloitte Consulting LLP

Michelle has more than 10 years of experience helping health care providers identify and implement significant bottom-line savings through IT-enabled supply chain transformation. She specializes in dr... More

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